The leu traded in a narrow range during early trading hours Tuesday morning, fluctuating between 4.3839 per euro and 4.3865 to the euro.
At around 10:30, the national currency traded at 4.3835/4.3845 to the euro, similar with Monday’s closing level of 4.3832/4.384 per euro.
The central bank Monday set the leu’s reference at 4.387 per euro, slightly stronger on the day. Against the US dollar, the leu’s indicative won 0.3% to 3.2138 units, the strongest rate in two months.
In the money market Tuesday morning, overnight rates were at 1.9% – 2.75% a year.